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russia condemns the proposal as unfair and dangerous with some experts saying if the tax is brought in moscow may have to rethink its help ailing europe. the u.s. military maintains there is no mass hunger strike at guantanamo bay where more than one hundred detainees are reportedly starving themselves in protest mistreatment. and no war peace we also want washington and its allies have left behind in iraq as more deadly bombings strike the nation ahead of the ten year anniversary of the u.s. led invasion our top stories this hour. international news and comment live from our studio center here in moscow this is the twenty four hour a day the parliament in cyprus has delayed until tomorrow a decision on whether to allow an e.u. bailout which will cost its citizens millions of the euro's every bank customer will have their cash taxed if it goes through the plan calls panic over the weekend with people emptying a.t.m. machines fearing their life savings could be plundered correspondent cynthia reports on the implications. the e.u. finance ministers as the and the international monetary f
russia condemns the proposal as unfair and dangerous with some experts saying if the tax is brought in moscow may have to rethink its help ailing europe. the u.s. military maintains there is no mass hunger strike at guantanamo bay where more than one hundred detainees are reportedly starving themselves in protest mistreatment. and no war peace we also want washington and its allies have left behind in iraq as more deadly bombings strike the nation ahead of the ten year anniversary of the u.s....
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couple of minutes we are now hearing the news was fifty the cypriot parliament rejected that savers tax to payroll banks demanded by the european union as a precondition of a future bailout of these tests or a seller as got more for us on what's happening in the mediterranean island tonight bring us up to speed what you know the. they were right in front of the cypriot parliament to the parliamentarians just stepping out here and as far as we know they had rejected the one time bank deposit tax that was imposed by the e.u. finance ministers of the i.m.f. over the weekend now according to the a parliamentarian i spoke with there were thirty six nos nineteen abstained abstentions and zero yes s. and therefore you can see that to really the opposition in the country to what is being required of them to get the ten billion euro bailout is very very strong emotions running high here on the street behind me you can see to my left and to my right there are people with banners and chanting emotions running high this is their show them showing their opposition to this a one time back to pass a t
couple of minutes we are now hearing the news was fifty the cypriot parliament rejected that savers tax to payroll banks demanded by the european union as a precondition of a future bailout of these tests or a seller as got more for us on what's happening in the mediterranean island tonight bring us up to speed what you know the. they were right in front of the cypriot parliament to the parliamentarians just stepping out here and as far as we know they had rejected the one time bank deposit tax...
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on big mansions but they are having a bedroom tax on the poorest people in the country the department for work and pensions declined to comment on the controversial policy the impending changes of course such widespread concern that the government announced the parents of those serving in the armed forces foster carers and parents of severely disabled children will now be exempt from the changes as for the rest of the body in this situation is being blocked into a corner and until the council finds him a smaller fact brian will have to take the financial hit i haven't had any suggestions from any of them about what to do if if and when you do run out and i find it hard to do which i would now realise is happening coming closer. i have no choice in the matter it has been getting even more stressful the closer we get to the day because i just don't know what i'm going to do with what many are calling black april fast approaching critics say it's those with the least. but you being the hottest plenty play came. to. china's once in a decade power shift over and now with a new prime minist
on big mansions but they are having a bedroom tax on the poorest people in the country the department for work and pensions declined to comment on the controversial policy the impending changes of course such widespread concern that the government announced the parents of those serving in the armed forces foster carers and parents of severely disabled children will now be exempt from the changes as for the rest of the body in this situation is being blocked into a corner and until the council...
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dedicated young says that there may be no alternative to pass in the tax because the quizes ingres is mainly to blame for what's happening in cyprus now because the goodison cypriot banks have been exposed to two greece bert's of the european union is already trying to say agrees the ready has had three bailout operations and is still in the middle of it so there's not much greece can do anymore and the only thing we can do is to try to save cyprus which is already the fifth bailout operation and of course there is also a limit to the patients our taxpayers in germany the netherlands and finland because finally these are the people who have to guarantee their loans to cyprus and their patients now is limited so i think it was. it was good to have a contribution of the savers in cyprus itself because in other countries we have a different sort of problems but remember in spain savers already have contributed those people who had an interest in the spanish bank bankia lost money some people in other banks have lost money and generally european savers are losing money because we have a p
dedicated young says that there may be no alternative to pass in the tax because the quizes ingres is mainly to blame for what's happening in cyprus now because the goodison cypriot banks have been exposed to two greece bert's of the european union is already trying to say agrees the ready has had three bailout operations and is still in the middle of it so there's not much greece can do anymore and the only thing we can do is to try to save cyprus which is already the fifth bailout operation...
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right now so this is just rejected the bailout plan by brussels and the troika off key investors to tax private bank accounts in cyprus and frankly there aren't that many places to turn to right now for assistance to cypriot finance minister is in moscow he's met with his russian counterpart and he's said that he's satisfied little negotiations but at the same time added i don't want to show off or has been made so for a little very strict elation that cyprus is going to ask russia for a loan but we do know that the country already holds moscow two and a half billion year old this is for another loan which was given to the currency back in two thousand and eleven back then it exceeded ten percent of its g.d.p. and helped its economy stay afloat so the big question now is is cyprus going for broke is it going to ask russia for a complete bailout package but the big picture is angle in merkel is completely furious with cyprus even talking to moscow about this even though it's widely acknowledged that up to thirty percent of deposits on the sites bank accounts belong to russian businesses.
right now so this is just rejected the bailout plan by brussels and the troika off key investors to tax private bank accounts in cyprus and frankly there aren't that many places to turn to right now for assistance to cypriot finance minister is in moscow he's met with his russian counterpart and he's said that he's satisfied little negotiations but at the same time added i don't want to show off or has been made so for a little very strict elation that cyprus is going to ask russia for a loan...
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a bank deposit tax be imposed now this could amount to up to nine point nine percent of of those who have a more than one hundred thousand euros in the bank and for many people there it's said their entire life savings that they have that are they feel are now in trouble and the panic that has been stirred over the weekend people trying to get money out of the cash machines but electronic transfers have been stopped and. people there calling this is. simply a robbery there their savings being taken away from them the president of the country however have been. acceptance of the bailout as crucial for the country says that if. this requirement is. the country will might be forced to get out of the euro of the euro zone area and therefore some people feel that the country has really been put in a position where it has no choice but to accept everything that is down by brussels by e.u. leaders by the meetings that they have here people are concerned again they really see this as. what is supposed to be there and this is unprecedented in the sense that this is the first time that a requi
a bank deposit tax be imposed now this could amount to up to nine point nine percent of of those who have a more than one hundred thousand euros in the bank and for many people there it's said their entire life savings that they have that are they feel are now in trouble and the panic that has been stirred over the weekend people trying to get money out of the cash machines but electronic transfers have been stopped and. people there calling this is. simply a robbery there their savings being...
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very difficult position because it's rejected the proposal by the european union and the troika to tax private bank accounts and now frankly there are not many places for cyprus to turn for help and actually one of these places is russia and the site that finance minister has been in the russian capital the entire day he's met with his russian counterpart and with the first deputy prime minister there is speculation that cyprus is asking russia for a loan so far the finance minister said that he was satisfied with the negotiations but no official offer has been made so far although he himself said he's not leaving moscow until an agreement is reached all of this is happening. while anger and anger a miracle being furious over cyprus talking to moscow about this all together since earlier she strongly advised the country not to even discuss the issue with anybody else but brussels or the troika and actually we know that the president personally told what he will put in about his country's problems decision to reject the european union's proposal and we also already know that cyprus alre
very difficult position because it's rejected the proposal by the european union and the troika to tax private bank accounts and now frankly there are not many places for cyprus to turn for help and actually one of these places is russia and the site that finance minister has been in the russian capital the entire day he's met with his russian counterpart and with the first deputy prime minister there is speculation that cyprus is asking russia for a loan so far the finance minister said that...
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edge of bankruptcy after because see it rejects a european and that often spiked by an unprecedented tax on savers to put the latest. like a bull in a china shop but so russian president dmitri medvedev destroyed the bailout tax i think that the plan was nothing less than the soviet expropriation of property. russia the e.u. and human rights officials sound the alarm over the treatment of prisoners in guantanamo bay u.s. military officials try to downplay a mass hunger strike in the detention center. and barack obama arrives in israel for the first time as u.s. president but may struggle to close the growing gap between the country's middle east policy it's. very good even if you just joined us is kevin over here live the r.t. new center tonight our top story the scenes overleaf and celebration greeted the cypriot parliament's rejection of that tax on bank deposits the one off levy linked to an e.u. bailout deal would have seen millions of account holders lose up to a tenth of the savings had been condemned by officials in the public alike but the country of course now finds itself on th
edge of bankruptcy after because see it rejects a european and that often spiked by an unprecedented tax on savers to put the latest. like a bull in a china shop but so russian president dmitri medvedev destroyed the bailout tax i think that the plan was nothing less than the soviet expropriation of property. russia the e.u. and human rights officials sound the alarm over the treatment of prisoners in guantanamo bay u.s. military officials try to downplay a mass hunger strike in the detention...
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so this tax passes my did not flee to europe then i mean now that the president does that. i don't think so i think those investors in cyprus for them the best option is actually to stay as i said if you do you shave if you sit or you don't move and then war should people going to go to saudi arabia recently hedge fund in saudi arabia went bankrupt the saudi the saudi citizens and investors were bailed out and all the forces with rome under the bush so there are not many places you can actually go to where you go to switzerland very hard these days can you go to china what is the status of their banks so i think when you restore the rule of law in cyprus or you save cyprus still sorry going to be a good place to be. messages pink i wish we had more time with you belgian m.e.p. thank you very much your metaphor has definitely been taken on board and i'm sure they'll be more talk about that in the coming days. it was a it was an advise for free thank you. the hunger strike at guantanamo bay continues to gain momentum as human rights groups on criticized for ignoring the pligh
so this tax passes my did not flee to europe then i mean now that the president does that. i don't think so i think those investors in cyprus for them the best option is actually to stay as i said if you do you shave if you sit or you don't move and then war should people going to go to saudi arabia recently hedge fund in saudi arabia went bankrupt the saudi the saudi citizens and investors were bailed out and all the forces with rome under the bush so there are not many places you can actually...
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the vent here angry crowds you're seeing ringing the cypriot parliament demanding the rejection of a tax that would see savers bailing out banks that levy could see people lose up to ten percent of their life savings or for cyprus to qualify for these pictures being broadcast live from the parliament now by artie's roughly video news agency or that streaming online to. express his concern over the ongoing hunger strike in guantanamo bay despite authorities efforts to play down the protests we've got the latest there this hour. busy news night a series of bomb attacks through baghdad killing dozens and injuring hundreds as iraq struggles to get back on its feet on the tenth anniversary of the u.s. led invasion. good evening this is our kevin oh it's good to have you company our top story a rocket attack on a town outside aleppo in syria's north has left dozens dead including sixteen government soldiers details about what actually happened on the ground within but there are reports that chemical weapons could have been used both the syrian government and the opposition are accusing each ot
the vent here angry crowds you're seeing ringing the cypriot parliament demanding the rejection of a tax that would see savers bailing out banks that levy could see people lose up to ten percent of their life savings or for cyprus to qualify for these pictures being broadcast live from the parliament now by artie's roughly video news agency or that streaming online to. express his concern over the ongoing hunger strike in guantanamo bay despite authorities efforts to play down the protests...
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britain prepares to embrace new housing costs come april we take a closer look at what the bedroom tax will cost societies worst off. technology innovation all the developments from around russia we've got the future of covered. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom harpur welcome to the big. news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. trying to hope racial to rule the day. here with our t. live from moscow washington has scrapped a k phase of its european missile defense shield citing a lack of funds and development problems the united states will deploy additional ground based missile interceptors on its pacific coast instead and what is said to be a response to pyongyang's recent nuclear threats. has the details. looks like the nuclear threat coming from north korea is now considered far more dangerous by the us than any pot
britain prepares to embrace new housing costs come april we take a closer look at what the bedroom tax will cost societies worst off. technology innovation all the developments from around russia we've got the future of covered. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom harpur welcome to the big. news today...
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from the edge of bankruptcy after nicosia rejects a european bailout offer sparked by an unprecedented tax on savers got the latest this hour. as russia's premier likens europe's handling of the bailout for bullet a china shop warning brussels antics could spark a new crisis. and other big stories of the day barack obama arrives in israel for the first time as u.s. president but they struggle to close the growing gap between the country's middle east policy. and russian and u.n. human rights officials sound the alarm over the treatment of prisoners at guantanamo bay is u.s. military officials trying to downplay a mass hunger strike at the detention center. good evening you've just joined us kevin live at the hour to new center tonight our top story the scenes of relief and indeed celebration greeted the cypriot parliament's rejection of attacks on bank deposits the one off levy linked to an e.u. bailout deal would have saved millions of account holders lose up to a tenth of the savings are being condemned by officials in the public alike but the country now finds itself of course on the br
from the edge of bankruptcy after nicosia rejects a european bailout offer sparked by an unprecedented tax on savers got the latest this hour. as russia's premier likens europe's handling of the bailout for bullet a china shop warning brussels antics could spark a new crisis. and other big stories of the day barack obama arrives in israel for the first time as u.s. president but they struggle to close the growing gap between the country's middle east policy. and russian and u.n. human rights...
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s in a panic over a planned tax on savings accounts as part of a european union and i.m.f. deal the so-called rescue plan for the tiny euro zone country would see one time levy on deposits to avoid a national default and exchange the e.u. has pledged a ten billion euro bailout to heal the battered economy there under the proposed package terms people in cyprus with less than one hundred thousand euros in their accounts would have to pay a tax of around seven percent those who savings are greater will be hit up for a ten percent tax it's the first such move where private deposits will be forced to sacrifice money to foot the bill the bailout of conditions have been deeply criticized as they are expected to hit mainly the poor people and pensioners moreover fears are mounting over the intense cash outflow for the country people's anger has caused the parliamentary vote on the deal to be delayed till today dr helen samuel e. from the leading british think tank the bridge group thinks the timing island state is feeling blackmailed and uncomfortable under the e.u. umbrella. they
s in a panic over a planned tax on savings accounts as part of a european union and i.m.f. deal the so-called rescue plan for the tiny euro zone country would see one time levy on deposits to avoid a national default and exchange the e.u. has pledged a ten billion euro bailout to heal the battered economy there under the proposed package terms people in cyprus with less than one hundred thousand euros in their accounts would have to pay a tax of around seven percent those who savings are...
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has found a cheaper way to deal with the housing crisis the so-called bedroom tax means many who live in social housing would either lose around fourteen percent of their benefits if they have a spare room or move out polly boy to look at how the less well off are trapped in a catch twenty two. brian rider didn't ask for a two bedroom flats when he applied for emergency accommodation and it was what the council gave him it was meant to be temporary and he's now lived here for fourteen year is it's my home of my dad my home we've done all the work and we've put the wood paneling on the war. we stopped decorating halfway through when we realised there are more i have to move because i couldn't afford it and what's the point of decorating when i want it to improve but yeah it's more hard not all of my mind it will upset me to move on but brian who suffers from osteoporosis and can't work has little choice the government's so-called bedroom tax comes into effect from april first six hundred forty thousand social housing tenants with at least one spare room i have to cough up the cash from
has found a cheaper way to deal with the housing crisis the so-called bedroom tax means many who live in social housing would either lose around fourteen percent of their benefits if they have a spare room or move out polly boy to look at how the less well off are trapped in a catch twenty two. brian rider didn't ask for a two bedroom flats when he applied for emergency accommodation and it was what the council gave him it was meant to be temporary and he's now lived here for fourteen year is...
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as you've just heard seems of relief from celebration greeted the cyprus parliament's rejection of a tax on bank deposits the one off levy linked to an e.u. bailout deal would have saved millions of account holders lose up to a tenth of the savings of being condemned by officials and the public alike but the country now of course finds itself on the brink of bankruptcy and having rejected the terms it may have to turn to russia for assistance can off has more. right now cyprus is in a very difficult position because it's rejected the proposal by the european union and the troika to tax private bank accounts and now frankly there are not many places for cyprus to turn for help and actually one of these places is russia and the site bid finance minister has been in the russian capital the entire day he's met with his russian counterpart and would be the first the deputy prime minister there is speculation that cyprus is asking russia for a loan so far the finance minister said that you are satisfied with the negotiations but no official offer has been made so far although he himself said h
as you've just heard seems of relief from celebration greeted the cyprus parliament's rejection of a tax on bank deposits the one off levy linked to an e.u. bailout deal would have saved millions of account holders lose up to a tenth of the savings of being condemned by officials and the public alike but the country now of course finds itself on the brink of bankruptcy and having rejected the terms it may have to turn to russia for assistance can off has more. right now cyprus is in a very...
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browder actually currently under investigation criminal investigation in connection with fraud and tax evasion in fact that was the first reason wife of the magnitsky actually ended up in jail back in two thousand and eight two thousand and nine and therefore that criminal investigation is still continuing and we're we are in for another court session which is scheduled for the second half of march of this year you're not going to live. with us the thank you for that update. cyprus's revisit a revising its bank plans or by easing the burden for those with small deposits but holders of more than a hundred thousand euros would lose almost ten percent of their cash the country's parliament is expected to vote on the package later today the president had moved to dip into people's pockets is to secure a vital cash injection from the e.u. and the i.m.f. plans are triggered a run on the banks and protests in the country more from lucy robson a journalism living in cyprus. there are several parties which are against this this option that is being proposed by the government it isn't guaranteed
browder actually currently under investigation criminal investigation in connection with fraud and tax evasion in fact that was the first reason wife of the magnitsky actually ended up in jail back in two thousand and eight two thousand and nine and therefore that criminal investigation is still continuing and we're we are in for another court session which is scheduled for the second half of march of this year you're not going to live. with us the thank you for that update. cyprus's revisit a...
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russia slams the proposal is unfair and dangerous with some experts saying if the tax is brought in may have to rethink its help for ailing europe. plus state of denial the u.s. military maintains there's no mass hunger strike. or more than one hundred detainees are reportedly starving themselves in protest at mistreatment. no war or peace we ask what washington and its allies have left behind in iraq as more deadly bombing strikes the nation at the ten year anniversary of the u.s. led invasion. you're watching live from moscow it is seven pm here in the russian capital the parliament in cyprus has delayed until tuesday a decision on whether to allow an e.u. bailout which will cost its citizens millions of. every bank customer customer out will have that cash taxed if it goes through the plan that caused panic over the weekend with people emptying a.t.m. machines fearing their life savings could be plundered correspondent tess alasania reports on the implications. the e.u. finance ministers as the and the international monetary fund had agreed upon a ten billion euro bailout for the cou
russia slams the proposal is unfair and dangerous with some experts saying if the tax is brought in may have to rethink its help for ailing europe. plus state of denial the u.s. military maintains there's no mass hunger strike. or more than one hundred detainees are reportedly starving themselves in protest at mistreatment. no war or peace we ask what washington and its allies have left behind in iraq as more deadly bombing strikes the nation at the ten year anniversary of the u.s. led...
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life the art scene you center at night cypress says no to any bailout that would have meant to harsh tax old savers and pins its soap instead of striking a deal with russia we'll bring you up to speed on the latest. russian the un human rights officials sound the alarm over the treatment of prisoners at guantanamo bay as u.s. military officials try to downplay mass hunger strike at the detention center. barack obama arrives in israel for the first time as u.s. president but may struggle to close the growing gap between the country's middle east policies. and an iraqi terrorist group with links to al qaeda claims responsibility for bombings that killed dozens in baghdad further unsettle the country ten years on from the u.s. led invasion. all over again even she if you're just joining us my name is kevin and this is art international live from moscow our top story that you just heard scenes of relief from celebration greeted the cyprus parliament's rejection of a tax on bank deposits the one off levy linked to an e.u. bailout deal would have seen millions of account holders lose up to a t
life the art scene you center at night cypress says no to any bailout that would have meant to harsh tax old savers and pins its soap instead of striking a deal with russia we'll bring you up to speed on the latest. russian the un human rights officials sound the alarm over the treatment of prisoners at guantanamo bay as u.s. military officials try to downplay mass hunger strike at the detention center. barack obama arrives in israel for the first time as u.s. president but may struggle to...
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solve the financial crisis of cyprus it is really a big question here so the controversial deposit tax has been rejected by cyprus but has crossed the red line in proposing the idea that is the view of nigel ferrars a u.k. independence party things brussels has sent a strong signal to the people of europe. even in my diaries predictions in this parliament over the years about the way the e.u. bosses were behaving never did i think they would in a completely unprecedented manner resort to stealing money from people's bank accounts and the message that sends to people who got savings in banks in most countries certainly if i was there is get your money out while you can do not invest anywhere in the euro zone you've got to be mad to do so because it's now run by people who don't respect democracy who don't respect the rule of law who don't respect the basic principles upon which western civilization is supposed to be based by our propping up a euro zone which in the end is going to collapse in disastrous failure are they are prepared to do anything to do so i think that this decision thi
solve the financial crisis of cyprus it is really a big question here so the controversial deposit tax has been rejected by cyprus but has crossed the red line in proposing the idea that is the view of nigel ferrars a u.k. independence party things brussels has sent a strong signal to the people of europe. even in my diaries predictions in this parliament over the years about the way the e.u. bosses were behaving never did i think they would in a completely unprecedented manner resort to...
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programs in exchange for cooperation on tax reform during the debt ceiling debacle of two thousand and eleven for example he famously suggested raising the age at which seniors start receiving medicare benefits like bill clinton before him obama seems to have an obsession with compromise even when it screws the middle class clinton if you remember worked with newt gingrich in the republican house to pass the one nine hundred ninety six welfare reform bill a bill has made life miserable for the long term unemployed the great recession cuts to social security net that obama now equal apparently supports will be equally as damaging what's even scarier is the president's flippant attitude toward programs millions of americans depend on just to get by in february said he didn't want to raise the medicare eligibility age but the question remains how much can we progress is trust someone who regularly plays politics with essential benefits and who is he actually fighting for the doctor on the show before about obama's connections to pete peterson the wall street billionaire behind the so-call
programs in exchange for cooperation on tax reform during the debt ceiling debacle of two thousand and eleven for example he famously suggested raising the age at which seniors start receiving medicare benefits like bill clinton before him obama seems to have an obsession with compromise even when it screws the middle class clinton if you remember worked with newt gingrich in the republican house to pass the one nine hundred ninety six welfare reform bill a bill has made life miserable for the...
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cato fifty years old he's a syrian born naturalized american has been living in taxes for decades he used to be executive and came to prominence working with the humanitarian. agency during the war and of course expectations are very high that we're at very high that i mean these nomination cooed how stop the flights in the country for it's all about the arab league meeting what are we what are we expecting from the as i sad unfortunately expectations are very high but unfortunately we can't expect too much of of progress here though john kerry and russian foreign minister lavrov found common ground on the geneva declaration recent and kerry's reported to have a personal relationship with our side it seems that fighting is continuing the ground violence is is intensifying as well as claims and both sides i mean ready to talk actually are continuing to blame each other and are still warring sides. journalist neil clark who's written extensively about syria says it's no accident spend a large part of his life in the us before being voted in as the opposition prime minister the american
cato fifty years old he's a syrian born naturalized american has been living in taxes for decades he used to be executive and came to prominence working with the humanitarian. agency during the war and of course expectations are very high that we're at very high that i mean these nomination cooed how stop the flights in the country for it's all about the arab league meeting what are we what are we expecting from the as i sad unfortunately expectations are very high but unfortunately we can't...
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right now since it's just rejected the bailout plan by brussels and the troika off key investors to tax private bank accounts in cyprus and frankly there are that many places to turn to right now for assistance from the cypriot finance minister is in moscow he's met with his russian counterpart and he said that he's satisfied with the negotiations but at the same time added that no official offer has been made so far although the minister is now planning to meet with russia's first deputy prime minister and said that he's not leaving moscow until an agreement is reached there is speculation that cyprus is going to ask russia for a loan but we do know that the country already holds a moscow two and a half a billion euros this is for another loan which was given to the country back in two thousand and eleven back then it exceeded ten percent of its g.d.p. and helped its economy stay afloat but the big question now is is cyprus going for broke is it going to ask a russia for a complete bailout package but the big picture is angle and merkel is completely furious with cyprus even talking to
right now since it's just rejected the bailout plan by brussels and the troika off key investors to tax private bank accounts in cyprus and frankly there are that many places to turn to right now for assistance from the cypriot finance minister is in moscow he's met with his russian counterpart and he said that he's satisfied with the negotiations but at the same time added that no official offer has been made so far although the minister is now planning to meet with russia's first deputy prime...
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investors earlier the cypriot quadrant rejected enjoy this bailout proposal which included taxing private bank accounts and. the countries or the cypriot. media reports that the country's parliament is to review one alternative where of trying to resolve the crisis on thursday in that many details are not known but perhaps it could include our plans to tap into social funds or at the retirement fund through through which simply its authority squared to collect around five billion euros which is pretty much the same amount we would have collected would be introduced of this tax for private very good crowds to meet time for the country is running out of the supreme banking system is still shut down and the country's president has said that the crisis must be resolved before the end of the day. the european central bank says it will cut cypresses funding starting from next week if no rescue plan is agreed well robert always chairman of the bruges group which is nice focus think tank believes the u.s. pressure on cyprus exposes a worrying hierarchy within the bloc it seems that certain countr
investors earlier the cypriot quadrant rejected enjoy this bailout proposal which included taxing private bank accounts and. the countries or the cypriot. media reports that the country's parliament is to review one alternative where of trying to resolve the crisis on thursday in that many details are not known but perhaps it could include our plans to tap into social funds or at the retirement fund through through which simply its authority squared to collect around five billion euros which is...
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see them out we would have collected would be introduced to this tax for private very good crowds we need time for the country is running out the supreme banking system is still shut down and the country's president said that the crisis must be resolved before the end of the day. and the european central bank says it will have to cut cypresses funding unless the island state gets a bailout soon robert always chairman of the bridge group which is nice think tank believes the ease pressure on cyprus exposes a worrying hierarchy within the block. it seems that certain countries such as germany are we pushing their own agenda in those countries are the small and can't really stand up to the larger interests in the your opinion the large financial interests of french and german banks are really pushed around and are and are bullied and do not get a good deal and this is very dark from the e.u. to try and take percentage of the savings of the p. banks which is actually we could argue that's actually breaching e.u. rules on protection taking deposits so it's actually very silly and it's als
see them out we would have collected would be introduced to this tax for private very good crowds we need time for the country is running out the supreme banking system is still shut down and the country's president said that the crisis must be resolved before the end of the day. and the european central bank says it will have to cut cypresses funding unless the island state gets a bailout soon robert always chairman of the bridge group which is nice think tank believes the ease pressure on...
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s in a panic over a planned tax on savings accounts as part of the european union and i.m.f. bailout the so-called rescue plan for the tiny eurozone country would see a one time levy of up to ten percent on deposits to avoid a national default in exchange the promise to a ten billion euro bailout deal to heal the economy under the proposed terms people in cyprus with less than one hundred euros in their accounts would pay a tax of around seven per cent on it and those who savings are greater would be hit up for a ten percent tax is the first such move or private depositors are forced to sacrifice their money to foot the bill bell conditions were deeply criticized there are expected to hit mainly the poor people and pensioners and also affect the rich russians who are known to invest in the country and members of the british forces who are stationed there moreover fears are mounting over the intense cash outflow from the country people's anger is caused the parliament to vote on a parliamentary vote on the deal to be delayed until today dr helen sound really from a leading bri
s in a panic over a planned tax on savings accounts as part of the european union and i.m.f. bailout the so-called rescue plan for the tiny eurozone country would see a one time levy of up to ten percent on deposits to avoid a national default in exchange the promise to a ten billion euro bailout deal to heal the economy under the proposed terms people in cyprus with less than one hundred euros in their accounts would pay a tax of around seven per cent on it and those who savings are greater...
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knew cyprus would reject the bank tax why would they push for a tax that had no chance of being accepted all postes. that is what i cannot answer to you because i can assume it was it was the mentality of troika. come again and again in every country in which they try this policies with these unfair and unfeeling. and the problems question when are they going to stall and it seems so we suggest that we. go for for another direction we have today suggested a good thing to do east. look. at mosco and maybe accept the invitation and even get a communication from president putin so that the president of the republic of cyprus accompanied by the main party leaders visit in the next us and to try and find a better program there we are more cultured and can be safe and more reliable . thing to do done keep keep negotiating we trade which had showed us nine months now that every day the negotiation coming in going back and back and forth but on which show does not we cannot accept them to be reliable and they show does that they have no no when in which they are truly. as we saw with greece for
knew cyprus would reject the bank tax why would they push for a tax that had no chance of being accepted all postes. that is what i cannot answer to you because i can assume it was it was the mentality of troika. come again and again in every country in which they try this policies with these unfair and unfeeling. and the problems question when are they going to stall and it seems so we suggest that we. go for for another direction we have today suggested a good thing to do east. look. at mosco...
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cypress says revising its deposit tax plans with the burden easing for those was smaller bank accounts but holders of more than one hundred thousand euros will lose almost ten percent of their cash the country's parliament is expected to vote on the package later today the president did move to dip into people's pockets is to secure a vital cash injection from the e.u. and the i.m.f. the plans are triggered a run on banks and protests in the country let's get some insight from lucy robinson a british journalist that living in cyprus lucy just how powerless do people feel over their own money right now especially those with megace tapings. which well i think that the initial shock and outrage has subsided a bit since saturday when the announcement was first made right now people are really just waiting to see what the announcement is there's a feeling of expectancy people want to know what the decision is going to be about any bank levy in cyprus but yes there has been a lot of anger and have. been people saying that they want to remove their cash from cyprus as soon as they can of cour
cypress says revising its deposit tax plans with the burden easing for those was smaller bank accounts but holders of more than one hundred thousand euros will lose almost ten percent of their cash the country's parliament is expected to vote on the package later today the president did move to dip into people's pockets is to secure a vital cash injection from the e.u. and the i.m.f. the plans are triggered a run on banks and protests in the country let's get some insight from lucy robinson a...
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turned into a celebratory mood they were happy that the parliament had not passed this bill imposing a tax on their deposits as far as what goes on the street at the moment it's rather the initial panic really happened over the weekend when that announcement was made from brussels that they will be tax of people were lining up. try to get the money out and yesterday i was talking to some locals who were trying to get some money off the a.t.m. some had run out of cash and this morning when i actually tried to. water they had given me a handful of change and apologizing that they have run out of five euros and ten euro notes because the banks were close so the banks will remain closed today and tomorrow and this will pose a problem in terms of cash flow for the locals the u.k. government as we know it already sets about one million euros in cash to their troops who are here in cyprus just to keep the cash go away now on the bigger level of economic a level if the banks do remain closed this will pose a problem an economy does hit a substantially on the banking sector and there's already been
turned into a celebratory mood they were happy that the parliament had not passed this bill imposing a tax on their deposits as far as what goes on the street at the moment it's rather the initial panic really happened over the weekend when that announcement was made from brussels that they will be tax of people were lining up. try to get the money out and yesterday i was talking to some locals who were trying to get some money off the a.t.m. some had run out of cash and this morning when i...
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chancellor delivered his twenty thirteen budget to parliament despite three years of spending cuts and tax highs the country is still on the brink of a triple dip recession richard wellings of from the institute of economic affairs a says of the chancellor is suffocating the economy with his strategy. other people are pretty pessimistic about their long term outlook they don't think there's going to be this two or three percent growth that the government predicts in a couple of years' time obviously the big question mark is over what happens in the eurozone which accounts for around forty percent of u.k. exports and if they are just goes from crisis to crisis as we've seen recently in cyprus that's going to really have a very good name effect on growth you know u.k. so it's completely unpredictable this huge uncertainty in this context a cautious chance that would have actually made some greater spending actually put the public promises on a more prudent for turning to what we didn't see was a massive program of t.v. regulation and this is really the way for him to get out of his current f
chancellor delivered his twenty thirteen budget to parliament despite three years of spending cuts and tax highs the country is still on the brink of a triple dip recession richard wellings of from the institute of economic affairs a says of the chancellor is suffocating the economy with his strategy. other people are pretty pessimistic about their long term outlook they don't think there's going to be this two or three percent growth that the government predicts in a couple of years' time...
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herself looking over a shoulder of the dutch hero and pay twenty man does believe the controversial tax won't stop the rot in cyprus and will have ramifications across southern europe. they claim that this is a unique situation to cya prince but of course it isn't unique at all this is a problem that we see all throughout the eurozone. and as a matter of fact it's much more fundamental than that it's a fundamental flaw in our banking system about the banks can create money out of thin air that aren't backed by anything and that's great bubbles and central banks can go on forever with that and with inflating new currency it's a fundamental flaw in the banking system and this is just a quick fix this is we keep kicking the can down the road it's not a fundamental solution until the finance solution is implemented we're going to see a lot more of these so-called one are solutions if it can happen and. in the greece's problems are no smaller than it was this problem there are there are bigger. if you can happen in greece it can happen in portugal and it can happen in ritual it can happen in
herself looking over a shoulder of the dutch hero and pay twenty man does believe the controversial tax won't stop the rot in cyprus and will have ramifications across southern europe. they claim that this is a unique situation to cya prince but of course it isn't unique at all this is a problem that we see all throughout the eurozone. and as a matter of fact it's much more fundamental than that it's a fundamental flaw in our banking system about the banks can create money out of thin air that...
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which could have affected the nearly all bank accounts in the country and to the tax could have reached nearly ten percent when it came to counts exceeding one hundred thousand euros russia holds a billions of euros in cyprian bank accounts earlier officials including the president said that such measures would be clear expropriation of funds and voiced deep concern about the situation. in cyprus itself the bailout proposal was a scene with mass anger and widespread protests across the whole country since its economies based on foreign money and the poor just were similar to what we've seen in other troubled e.u. zone members like for to go and greece. ok you go thank you do you have to leave it at that so you can offer our tape reporting live from moscow well arty's test has been following events in cyprus she reports now from nicosia. well there was clearly a certainly a lot of opposition to going into the a vote that the parliament had made opposition coming from the people as well as politicians voicing how is this kind of a position from brussels from the e.u. ministers of the i.m.
which could have affected the nearly all bank accounts in the country and to the tax could have reached nearly ten percent when it came to counts exceeding one hundred thousand euros russia holds a billions of euros in cyprian bank accounts earlier officials including the president said that such measures would be clear expropriation of funds and voiced deep concern about the situation. in cyprus itself the bailout proposal was a scene with mass anger and widespread protests across the whole...
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cyprus bailout plan proposed by brussels and the so-called troika of key investors which is aimed at taxing private bank accounts in the growing feet on wednesday prime minister dmitry mediator had some more strong words to say but. so far the e.u. together with the cyprus parliament have unfortunately acted like a bull in a china shop i think all possible mistakes which could have been made in this situation have been made in fact the prime minister said that russia may have to start revising some of the economic womens' that it clearly has with the cyprus you also compare the situation with how the sort of union or surveyed of police dealt with private funds or sort of its citizens meaning the expropriation of private property of course and in general you did we did it said that russia is only in favor of a healthy. economy a transparent one and one which is effective and which is that which works but he said that this crisis has to be dealt with where the involvement not only of brussels and the troika but with all the players the fact that including russia of course in the meantime cypr
cyprus bailout plan proposed by brussels and the so-called troika of key investors which is aimed at taxing private bank accounts in the growing feet on wednesday prime minister dmitry mediator had some more strong words to say but. so far the e.u. together with the cyprus parliament have unfortunately acted like a bull in a china shop i think all possible mistakes which could have been made in this situation have been made in fact the prime minister said that russia may have to start revising...
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which could see subsidies cuts and tax hikes that people have been protesting against because you have a situation of poor saeed's and here the capital over this very contentious verdict in the poolside football trial which saw several people die in the last few weeks so what we're seeing really is continual protests continue on to government sentiments and with not any solutions on the horizon. also ahead for you cyprus had braced with panic over the rescue bailout offer from the european union has a controversial offer of assistance has huge implications with people losing large chunks of their savings. and israel's attempts to bulldoze over a better when the settlement are failing as one village in the running for the guinness book of world records as the one destroyed the most amount of times where it's happening is vowing never to back down all that coming up after a break. they've been living these ways since two seventeenth century. strict. their communities on the ceiling. they clearly distinguish between their old. and guard their families and things in the trash. so. a clear
which could see subsidies cuts and tax hikes that people have been protesting against because you have a situation of poor saeed's and here the capital over this very contentious verdict in the poolside football trial which saw several people die in the last few weeks so what we're seeing really is continual protests continue on to government sentiments and with not any solutions on the horizon. also ahead for you cyprus had braced with panic over the rescue bailout offer from the european...
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for it but they do not want this to be taxes give everything to big corporations or to the wealthy. load of unused international consultant and former deputy speaker of the belgian parliament i thank you for your time thank you very much always a pleasure. still coming up but new pope old problems abuse scandals corruption within the catholic church and shrinking congregations are just some of the challenges the first lesson american pontiff will have with. palestinian president mahmoud pays his first visit to russia off the u.n. recognition hoping stoled middle east peace process can get a kick kiss of life one that after the break. wealthy british. tirelessly. market. to. find out what's really happening to the global economy with mike stronger no holds barred look at the global financial headlines kaiser reports on our. mission. critical you should treat in store charges free. range month free. three stooges free. old free broadcast live video for your media projects a free media. welcome back you're watching our team now breathing new life into a stalled middle east peace proces
for it but they do not want this to be taxes give everything to big corporations or to the wealthy. load of unused international consultant and former deputy speaker of the belgian parliament i thank you for your time thank you very much always a pleasure. still coming up but new pope old problems abuse scandals corruption within the catholic church and shrinking congregations are just some of the challenges the first lesson american pontiff will have with. palestinian president mahmoud pays...
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you know to release the taxes that the israelis are holding on the palestinians. there will be no circumvent freeze so that's that's a major stumbling block. i don't think that there will be too much out of this whole visit for the palestinians thank you very much a very good graham and activist to any gods are they talking to us live. right now if you want to express or to express your opinion on the stories that we cover here on our t.v. you can of course go to r.t. dot com. we actually want you to take part in a poll were asking you want to use see obama's real intentions of coming to israel now he's up twenty three percent of you think the way to keep israel from attacking iran that's the reason why he was there sixty five percent of you says it was a pyrrhic stunt that will achieve nothing while percent of you say paying lip service only to palestine while four percent of you they think that attempting to resume the peace talks now of course or you can pass a your voice on r.t. dot com do you go there we want to know what you think of blood this subject the f
you know to release the taxes that the israelis are holding on the palestinians. there will be no circumvent freeze so that's that's a major stumbling block. i don't think that there will be too much out of this whole visit for the palestinians thank you very much a very good graham and activist to any gods are they talking to us live. right now if you want to express or to express your opinion on the stories that we cover here on our t.v. you can of course go to r.t. dot com. we actually want...